Credit: Yesterday I posted that "There are a few reports about that the Bank of Japan plans to drop its 2 year timeframe for achieving its 2% inflation target"
Well, I haven't found out anything more about that, so for the time being I'm filing it under 'maybe'.
And, for more 'maybe'; it's the a good weekend for speculation on what might be coming from the BOJ in September.
Reuters have this:
- "The government could issue 50-year bonds, and if the BOJ makes a commitment to hold them for a very long time, that would be like helicopter money"
Also:
- BOJ could be posed for closer cooperation with PM Abe's fiscal spending policy
- BOJ could buy municipal bonds or debt issued by state-backed entities in addition to JGBs
Plenty more to mull over at the link, here.
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All this after Friday's market-disappointing announcement from the BOJ that saw the yen subsequently continue to gain.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
